All Works

The advantages of the corporate form — limited liability and raising capital — have been known for as long as mankind has had the technology to produce useful things whose production is too expensive for a single investor to handle.

Brad Edmonds reminds us that medical research, technology in general, indeed any human endeavor, can be a wonderful avenue for human progress provided it exists within the framework of freedom as versus state control.

What free-marketeers don't always make explicit is that the government and media Chicken Littles are right in part: Corporations are indeed out to make a profit. Of this point we must first observe the first lesson of business economics, as taught by the classical school markets in the 18th century...

Steve Forbes, the wealthy publisher-presidential hopeful, can be an eloquent defender of free enterprise. But there's another side, too, which was revealed in a recent group discussion on economics that took place on Fox News Channel. Forbes's comments revealed a complete lack of understanding of...